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SMEB

SMEB is a UK FCA-authorised payment institution and a Principal member of Visa and Mastercard. It offers SMEs card acceptance through POS terminals, card-not-present payments and SoftPOS (Tap to Pay on a smartphone). It also offers an e-money business account and physical and virtual cards, all managed through its Multi Service App. Its SMEB Cube kiosks let businesses deposit cash takings and get same-day credit.

Fees from
POS: 1% fee. E-money business account: Monthly Account Fee £7.99 (Waived for the first 6 months after onboarding); CHAPS / SWIFT / International Transfer £20.00 per transaction; Faster Payments £0.30 per transaction; BACS Payment £0.25 per transaction; Virtual Card Issuance £1.00; Physical Card Issuance £9.99; ATM Withdrawal £1.00 per transaction.
Settlement
—
Coverage
1 country
Payment methods
5
Dev tools
Sandbox Webhooks

Fees shown are indicative, not a binding quote — always verify with SMEB before signing. Visit Website is an external link; we may earn a commission.

SMEB overview

Best for

UK small and medium-sized businesses that want card terminals or phone-based Tap to Pay (SoftPOS) together with an e-money business account and cash deposit services.

SMEB pricing & fees

Pricing structure

Pricing
POS: 1% fee. E-money business account: Monthly Account Fee £7.99 (Waived for the first 6 months after onboarding); CHAPS / SWIFT / International Transfer £20.00 per transaction; Faster Payments £0.30 per transaction; BACS Payment £0.25 per transaction; Virtual Card Issuance £1.00; Physical Card Issuance £9.99; ATM Withdrawal £1.00 per transaction.
Your business must be registered in
Not disclosed

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SMEB settlement & payouts

Payouts

Settlement time
Not collected yet
Settlement currencies
Not collected yet

We haven't collected settlement details for SMEB yet. Confirm payout timing and currencies directly with SMEB before signing.

SMEB API & integration

API Profile

Sandbox
Not listed
Webhooks
Not listed

SMEB coverage & payment methods

Supported countries

1 country
GB

Payment methods

ContactlessCredit CardMastercardMobile WalletVisa

SMEB licensing & compliance

Legal & Compliance

Licensed entity · regulatorily responsible

SMEB Limited

United Kingdom

Licenses

Payment Institution GB

FCA Authorised Payment Institution (UK)

Financial Conduct Authority (UK)

License numbers & register records

1 license number · 1 register record on file for SMEB, with status history and links to verify each one at the regulator — free with a PaymentProviders account.

Log in — it's free

Using ChatGPT or Claude? Ask it to prepare your application to SMEB. It can fill in your business profile for you, and you review and sign it here — nothing is sent before that. How assistants do it

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